Assist with loan closings and procure needed closing items
Research, analyze and summarize tenant level information including financial trends and credit ratings or stock market capitalization
Conduct telephone interviews to solicit market data with brokers, appraisers, investors and other market participants
Research, analyze and summarize market and submarket information including inventory, absorption, new/proposed development, and rent and vacancy trends
Extract pertinent data from appraisal engineering, environmental and other third-party reports
Write property, market, borrower/sponsor descriptions, and third-party report summaries that will be included in credit memos and asset summary reports
Assist in developing value conclusions for all property types
Such other activities as may be assigned by your manager
Qualifications/ Requirements
Bachelor’s degree or equivalent level of education and experience; Preferred fields of study include accounting, finance, real estate, and business
Entry level professional with 0-2 years of industry and/or relevant experience, typically at an Analyst level role or external equivalent
0-2 years' experience in real estate related or financial services industry, such as appraisal, brokerage, or banking primarily focused on commercial properties
Experienced underwriting agency multifamily, CMBS or CRE balance sheet loans or securitization is strongly preferred
Familiarity with commercial real estate, affordable housing loans, due diligence process, commercial lending policies, securitization and credit and risk management policies
Full understanding of property sectors (office, retail, industrial, hotel, multifamily) and their different investment characteristics and an ability to see the "big picture" in commercial real estate and capital markets finance transactions
Proficient in Argus preferred
Excel and cash flow modeling skills
Strong communication & business writing skills
Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
- The annual full time base salary range for this role is
- $55,000.00 - $65,000.00
Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.
Pay Transparency Nondiscrimination Provision
SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Know Your Rights, Workplace Discrimination is Illegal